Description
Unbelievable find in today's market! CASH COW. 9-unit-building. Current cap rate is 10.42%! ALL units are renovated. 8 units are fully furnished and equipped. Roof was redone in 2018 with a 10y warranty. Highly desirable area for both short and long term rentals. This property is perfect for investors who want to make cash on day 1. There are (8) 1x1s and (1) 2x2. The (8) 1x1s are currently used as short terms rentals. The (1) 2x2 is currently rented out (month to month). Excellent income producing property: Bring your best offer on the table! 40 year electrical and structural inspections successfully passed. 1x1s are 550 sq ft and 2x2 is 750 sq ft.
School Ratings & Info
Description
Unbelievable find in today's market! CASH COW. 9-unit-building. Current cap rate is 10.42%! ALL units are renovated. 8 units are fully furnished and equipped. Roof was redone in 2018 with a 10y warranty. Highly desirable area for both short and long term rentals. This property is perfect for investors who want to make cash on day 1. There are (8) 1x1s and (1) 2x2. The (8) 1x1s are currently used as short terms rentals. The (1) 2x2 is currently rented out (month to month). Excellent income producing property: Bring your best offer on the table! 40 year electrical and structural inspections successfully passed. 1x1s are 550 sq ft and 2x2 is 750 sq ft.
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